Manufacturing & Distribution

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Highlights of FASB’s ASU 2015-11

Inventory (Topic 300): Simplifying the Measurement of Inventory In July, the Financial Accounting Standards Board (FASB) issued ASU 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory, which requires entities to measure inventories at [...]

By | September 25th, 2015|Manufacturing & Distribution|

Fraud Prevention Check-Up for Manufacturing Industry

According to the 2014 Report to the Nations on Occupational Fraud and Abuse, a study by the Association of Certified Fraud Examiners, the typical organization loses 5% of revenues to fraud each year and the [...]

By | August 12th, 2015|Manufacturing & Distribution|

The U.S. Manufacturing PMI Reading for December 2014

The U.S. Manufacturing PMI reading for December 2014, released in January, was 53.9, compared to 54.8 in November.   A PMI index reading above 50.0 indicates an increase or improvement on the prior month, while readings [...]

By | January 28th, 2015|Manufacturing & Distribution|